West Virginia coal miner Allegheny Metallurgical has confirmed its successful emergence from Chapter 11 bankruptcy on June 13, a step forward in its return to growing its operations.
The company’s re-entry to the market is marked by a reorganization of leadership and a renewed focus on maintaining and expanding operations.
COO Eric Lipinski called the update an “exciting beginning of a new future” for the miner.
“There has been a lot of hard work involved to secure the future of the company, and we are in a strong position for growth and excellence.”
Next up for Allegheny Metallurgical; installing longwall mining equipment and bringing its operations online. As Lipinski noted, its commitment and investment remains with the state and the coal industry.
“We look forward to taking the next steps to grow our team, providing long-term job opportunities, and producing high-quality metallurgical coal for steel production,” he added.
AM will be holding a two-day job fair at the Bridgeport Conference Center in West Virginia on July 25-26 to begin filling open positions and interviewing candidates for future openings.
At full operation, Allegheny Metallurgical will employ more than 500 individuals.
Source: www.alleghenymet.com